Jermuk Group to invest 224.4 million drams in fixed assets

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Economy

08.01.2026, 12:16

Jermuk Group CJSC plans to invest 224.4 million drams in fixed assets.

Jermuk Group to invest 224.4 million drams in fixed assets

YEREVAN, January 8. /ARKA/. Jermuk Group CJSC plans to invest 224.4 million drams in fixed assets.

By government decision, the company will take advantage of an import duty exemption as part of an investment program implemented in a priority sector.

The company plans to use the imported assets for exporting its products.

The company plans to create seven new jobs.

Technological equipment, components, parts, and raw materials are eligible for the exemption. The exemption is estimated at 18 million drams. ($1 = 381.75 drams)

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